Technology - Semiconductors - NASDAQ - US
$ 96.34
-2.86 %
$ 107 B
Market Cap
137.63
P/E
INCOME STATEMENT
25.1 B
REVENUE
1.3 B
OPERATING INCOME
778 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Micron Technology, Inc.
| Revenue | 25.1 B |
| Cost Of Revenue | 19.5 B |
| Gross Profit | 5.61 B |
| Operating Expenses | 4.37 B |
| Operating Income | 1.3 B |
| Other Expenses | 526 M |
| Net Income | 778 M |
Income Statement
Millions
| Aug-2024 | Aug-2023 | Sep-2022 | Sep-2021 | Sep-2020 | Aug-2019 | Aug-2018 | Aug-2017 | Sep-2016 | Sep-2015 | Aug-2014 | Aug-2013 | Aug-2012 | Sep-2011 | Sep-2010 | Sep-2009 | Oct-2008 | Oct-2007 | Aug-2006 | Sep-2005 | Sep-2004 | Aug-2003 | Aug-2002 | Aug-2001 | Jul-2000 | Sep-1999 | Sep-1998 | Aug-1997 | Aug-1996 | Aug-1995 | Sep-1994 | Aug-1993 | Aug-1992 | Aug-1991 | Aug-1990 | Aug-1989 | Aug-1988 | Aug-1987 | Aug-1986 | Aug-1985 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||||||||||||||||||||||||||||
| Revenue | 25 111.0 | 15 540.0 | 30 758.0 | 27 705.0 | 21 435.0 | 23 406.0 | 30 391.0 | 20 322.0 | 12 399.0 | 16 192.0 | 16 358.0 | 9 073.0 | 8 234.0 | 8 788.0 | 8 482.0 | 4 803.0 | 5 841.0 | 5 688.0 | 5 272.0 | 4 880.2 | 4 404.2 | 3 091.3 | 2 589.0 | 3 935.9 | 7 336.3 | 3 764.0 | 3 011.9 | 3 515.5 | 3 653.8 | 2 952.7 | 1 628.6 | 828.3 | 506.3 | 425.4 | 333.3 | 446.4 | 300.5 | 91.2 | 48.9 | 75.9 |
| GROSS PROFIT | ||||||||||||||||||||||||||||||||||||||||
| Cost Of Revenue | 19 498.0 | 16 956.0 | 16 860.0 | 17 282.0 | 14 883.0 | 12 704.0 | 12 500.0 | 11 886.0 | 9 894.0 | 10 977.0 | 10 921.0 | 7 226.0 | 7 266.0 | 7 030.0 | 5 768.0 | 5 243.0 | 5 896.0 | 4 610.0 | 4 072.0 | 3 734.4 | 3 089.5 | 3 112.0 | 2 699.6 | 3 898.8 | 3 949.0 | 3 002.9 | 2 765.8 | 2 539.2 | 2 198.4 | 1 328.7 | 789.4 | 378.4 | 285.2 | 242.3 | 177.7 | 191.8 | 100.2 | 69.1 | 43.4 | 45.8 |
| Gross Profit | 5 613.0 | (1 416.0) | 13 898.0 | 10 423.0 | 6 552.0 | 10 702.0 | 17 891.0 | 8 436.0 | 2 505.0 | 5 215.0 | 5 437.0 | 1 847.0 | 968.0 | 1 758.0 | 2 714.0 | (440.0) | (55.0) | 1 078.0 | 1 200.0 | 1 145.8 | 1 314.7 | (20.7) | (110.6) | 37.1 | 3 387.3 | 761.1 | 246.1 | 976.3 | 1 455.4 | 1 624.0 | 839.2 | 449.9 | 221.1 | 183.1 | 155.6 | 254.6 | 200.3 | 22.1 | 5.5 | 30.1 |
| OPERATING INCOME | ||||||||||||||||||||||||||||||||||||||||
| Operating Expenses | 4 367.0 | 4 158.0 | 4 148.0 | 3 652.0 | 3 549.0 | 3 326.0 | 2 897.0 | 2 550.0 | 2 270.0 | 2 217.0 | 2 310.0 | 1 488.0 | 1 586.0 | 1 003.0 | 1 135.0 | 1 108.0 | 1 507.0 | 1 339.0 | 851.0 | 929.7 | 1 087.5 | 1 056.6 | 914.7 | 1 087.2 | 1 094.0 | 808.1 | 739.7 | 573.9 | 481.3 | 356.5 | 219.1 | 283.9 | 207.4 | 171.3 | 151.8 | 104.2 | 81.4 | 40.3 | 34.1 | 34.9 |
| Selling, General and Administrative Expenses | 1 129.0 | 920.0 | 1 066.0 | 894.0 | 881.0 | 836.0 | 813.0 | 743.0 | 659.0 | 719.0 | 707.0 | 562.0 | 620.0 | 592.0 | 528.0 | 354.0 | 455.0 | 610.0 | 460.0 | 326.0 | 332.6 | 400.2 | 332.3 | 524.1 | 666.5 | 486.0 | 467.9 | 365.0 | 289.4 | 198.7 | 135.7 | 145.2 | 102.3 | 80.9 | 73.5 | 65.8 | 56.0 | 18.0 | 12.7 | 16.9 |
| Research and Development Expenses | 3 430.0 | 3 114.0 | 3 116.0 | 2 663.0 | 2 600.0 | 2 441.0 | 2 141.0 | 1 824.0 | 1 617.0 | 1 540.0 | 1 371.0 | 931.0 | 918.0 | 791.0 | 624.0 | 647.0 | 680.0 | 805.0 | 656.0 | 603.7 | 754.9 | 656.4 | 561.3 | 489.5 | 427.5 | 322.1 | 271.8 | 208.9 | 191.9 | 128.8 | 83.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1 304.0 | (5 745.0) | 9 702.0 | 6 283.0 | 3 003.0 | 7 376.0 | 14 994.0 | 5 868.0 | 168.0 | 2 998.0 | 3 087.0 | 236.0 | (618.0) | 755.0 | 1 589.0 | (1 676.0) | (1 595.0) | (280.0) | 350.0 | 217.5 | 249.7 | (1 186.5) | (1 025.3) | (976.5) | 2 293.3 | (47.0) | (493.6) | 402.4 | 944.5 | 1 296.5 | 620.1 | 166.0 | 13.7 | 11.8 | 3.8 | 150.4 | 118.9 | (18.2) | (28.6) | (4.8) |
| PRE-TAX INCOME | ||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense | 562.0 | 388.0 | 189.0 | 183.0 | 194.0 | 128.0 | 342.0 | 601.0 | 437.0 | 371.0 | 352.0 | 231.0 | 171.0 | 124.0 | 178.0 | 182.0 | 82.0 | 0 | 0 | 0 | 0 | (36.5) | (17.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Other Income | (64.0) | 87.0 | (131.0) | (65.0) | (20.0) | (328.0) | (687.0) | (672.0) | (515.0) | (375.0) | (637.0) | 1 049.0 | (142.0) | (210.0) | 331.0 | (176.0) | (16.0) | 112.0 | 83.0 | (18.9) | 4.2 | (13.7) | 26.8 | 17.0 | (15.2) | (44.5) | 140.2 | 168.4 | (8.4) | 54.0 | 5.7 | (3.4) | (4.1) | (5.9) | (0.7) | 15.4 | (0.7) | 0 | 0 | (1.7) |
| Pre-Tax Income | 1 240.0 | (5 658.0) | 9 571.0 | 6 218.0 | 2 983.0 | 7 048.0 | 14 307.0 | 5 196.0 | (281.0) | 2 609.0 | 2 733.0 | 1 285.0 | (754.0) | 551.0 | 1 920.0 | (1 852.0) | (1 611.0) | (168.0) | 433.0 | 198.6 | 232.0 | (1 200.2) | (998.5) | (959.5) | 2 317.0 | (91.5) | (335.2) | 619.1 | 950.5 | 1 350.5 | 625.8 | 162.6 | 9.6 | 5.9 | 3.1 | 165.8 | 118.2 | 0 | 0 | (6.5) |
| NET INCOME | ||||||||||||||||||||||||||||||||||||||||
| Tax Provision | 451.0 | 177.0 | 888.0 | 394.0 | 280.0 | 693.0 | 168.0 | 114.0 | 19.0 | 157.0 | 128.0 | 8.0 | (17.0) | 203.0 | (19.0) | 1.0 | 18.0 | 30.0 | 18.0 | 10.6 | 74.8 | 73.0 | (91.5) | (446.0) | 796.7 | (36.0) | (118.8) | 267.3 | 357.0 | 506.4 | 225.3 | 58.5 | 3.0 | 0.8 | (1.8) | 59.7 | 20.2 | 4.7 | 5.3 | (6.7) |
| Net Income | 778.0 | (5 833.0) | 8 687.0 | 5 861.0 | 2 687.0 | 6 313.0 | 14 135.0 | 5 089.0 | (276.0) | 2 899.0 | 3 045.0 | 1 190.0 | (1 032.0) | 167.0 | 1 850.0 | (1 882.0) | (1 619.0) | (320.0) | 408.0 | 188.0 | 157.2 | (1 273.2) | (907.0) | (625.0) | 1 504.2 | (68.9) | (233.7) | 332.2 | 593.5 | 844.1 | 400.5 | 104.1 | 6.6 | 5.1 | 4.9 | 106.1 | 98.0 | (22.9) | (33.9) | 0.2 |
| EPS | 0.7 | 5.34 | 7.81 | 5.23 | 2.42 | 5.67 | 11.5 | 4.67 | 0.27 | 2.71 | 2.87 | 1.16 | 1.04 | 0.17 | 2.09 | 2.35 | 2.1 | 0.42 | 0.59 | 0.31 | 0.26 | 2.1 | 1.51 | 1.06 | 2.73 | 0.13 | 0.55 | 0.75 | 1.38 | 1.98 | 0.96 | 0.26 | 0.02 | 0.02 | 0.02 | 0.29 | 0.34 | 0.1 | 0.18 | 0.001 |